Not All Created Equal: Examining the Impact of Birth Order and Role Identity Among Descendant CEO Sons on Family Firm Performance
Research Applied précis prepared by Judy Green, Family Firm Institute The authors of “Not All Created Equal” present a thoughtful and well-researched paper on the topic of birth order and role identity.
Does Family Involvement in Management Reduce the Risk of Business Failure? The Moderating Role of Entrepreneurial Orientation
(Authors: Antonio J. Revilla, Ana Perez-Luno, and Maria Jesus Nieto) Research Applied précis prepared by Kim Schneider Malek, Family Enterprise Alliance, LLC Family firms aim to survive, thrive, and outperform the competition.
Environmental Jolts: Understanding How Family Firms Respond and Why
(Author: Celina Smith) Research Applied précis prepared by Thomas V. Schwarz, Black Forest, LLC A jolt is a ‘sudden and unprecedented’ event that has the potential to greatly impact a firm’s future.
Is Your Client’s Generational Transition Stuck? How changing the ownership model can create traction
Thanks to this week’s contributors Josh Baron and Nick Di Loreto of BanyonGlobal for their article “Is Your Client’s Generational Transition Stuck?
Story Power: Families’ hidden asset
The last in the November series on “transformation in family enterprise” focuses on the power of storytelling – and how it might not be as hard to get started with your clients as you think.
Mediation as a Process for Change and Transformation for Managing Family Conflicts
Transformation this article makes the claim that mediation, a private, voluntary and creative process, can be designed to effectively address and resolve conflict among family members engaged in family enterprise(s) and that mediation can be a transformative process.
The Big Gorilla In the Room: Family firms and hypercompetition
The concept of “Hypercompetition,”[1] which Richard D'Aveni, professor of business strategy at the Amos Tuck School at Dartmouth College, introduced in his book with the same title, is changing industries and business practices, especially management of family firms.
21st Century Trustees
Business is all about the future. An entrepreneur takes an idea and makes it into a service or product that people will want, even need, for years to come.
A New Perspective on Succession Planning: Creating continuity
Succession planning is a term many advisors use to describe their services when marketing products and services to family enterprise clients. Under the label of “succession planning,” clients are presented with different products, services and outcomes, often resulting in confusion.
Adapt | Evolve | Transform
The second issue in the November series on the theme of transformation in family enterprise focuses on philanthropy. Go here for “How Should the Family Business Community Respond to the Challenge of Economic Inequality?” by Michael Carney and Robert Nason.
How Should the Family Business Community Respond to the Challenge of Economic Inequality?
In many segments of society there is growing pessimism about established business leaders’ ability to generate a sustainable and shared prosperity.
Transformational Philanthropy? Lessons learned in the Riley Case
The Human Comedy Sometimes, you set out to “transform” others and end up demonstrating how obtuse you actually are: “How can I have been so blind?”.
Adapt | Evolve | Transform
The first issue in a five week series based on the 2016 Global conference theme of Adapt | Evolve | Transform. This series focuses on transforming and transformative ideas, theories and interventions in the family enterprise field.
A Perspective from Paul Karofsky on Managing Change in Your Family Business Practice
Thanks to Paul Karofsky and Kirby Rosplock for this interview on managing change in your family business practice.
From PhD to Practice: Reflections on transforming from an owner to an academic to a practitioner
Since the theme of The Practitioner this month is one of transformation, I would like to share the lessons learned from my transformation from family business owner to doctoral student to professional consultant.
Transforming to a Family of Adults: A foundation for healthy generational transitions
Thanks to Sally Derstine, senior family business advisor with the Delaware Valley Family Business Center, for the following blog on “Transforming to a Family of Adults: A foundation for healthy generational transitions”.
Research Applied: FBR Précis for the Practitioner
Thanks to the five authors listed below for their précis of the September FBR articles — and thanks again to Karen Vinton, assistant FBR editor, for coordinating these each quarter.
The Job of a Journal Editor
(Author: Pramodita Sharma) Research Applied précis prepared by Ivan Lansberg, Kellogg School of Management and Lansberg Gersick & Associates LLC.
The Early Succession Stage of a Family Firm: Exploring the Role of Agency Rationales and Stewardship Attitudes
(Authors: Oliver Meier and Guillaume Schier) Research Applied précis prepared by Ken McCracken, KPMG LLP.
Incumbents’ Attitude Toward Intrafamily Succession: An Investigation of Its Antecedents
(Authors: Alfredo De Massis, Philipp Sieger, Jess H. Chua, and Silvio Vismara) Research Applied précis prepared by Navneet Bhatnagar, Thomas Schmidheiny Centre for Family Enterprise, Indian School of Business, Hyderabad, India.